Unprecedented Extremes in Overbought ReadingsReaders may recall our recent articles on the blow-off move in the stock market, entitled Punch-Drunk Investors and Extinct Bears (see Part 1 & Part 2 for the details). Bears remained firmly extinct as of last week - in fact, some of the sentiment indicators we are keeping tabs on have become even more stretched, as incredible as that may sound. For ins...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Vendetta (TSXV: VTT) Reports Shallow High Grade Drilling Results from Surface at the Pegmont #Lead-Zinc Project Vancouver, British Columbia - January 31, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Vendetta Mining Corp. (TSXV: VTT) (the "Company")is...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Millennial Lithium (TSXV: ML) (FSE: A3N2) (OTCQB: MLNLF) Announces Positive Preliminary Economic Assessment Results with Strong Upside Potential for Its Pastos Grandes Project, ArgentinaUS$ 824 million after-tax NPV at 8% discount rate and IRR of 23.4% for 2...Read More
Shares in Canada's Ivanhoe Mines fell sharply on Wednesday after lawmakers in the Democratic Republic of Congo, where Ivanhoe is advancing two major projects, voted in favour of new mining laws that immediately lifts a provision which exempted licence holders from compliance with the new code for 10 years.Ivanhoe Mines, headed by billionaire mining financier Robert Friedland, ended down 11.3% on t...Read More
Miners and explorers knew that the Democratic Republic of Congo would be raising taxes and royalties, but were blindsided on Wednesday when lawmakers of the country voted in favour of an immediate lifting of a provision exempting licence holders of compliance with the new code for 10 years.That means mines and projects run by companies including Glencore, Randgold Resources, China Molybdenum, Eura...Read More
Published on: Jan 31, 2018 | by finfeedAustralian Mines Limited (ASX:AUZ) has appointed Medea Natural Resources Limited in an advisory role, as the company enters into its off-take and financing negotiations for its 100%-owned Sconi cobalt-nickel-scandium project in north Queensland.The agreement will see the advisory firm assist AUZ in coordinating with several potential off-take partners, which...Read More
On the Gold Price Opportunity .....okay so just the four questions I'll30:08just finish off for a second on kind of30:11white gold because I'm not really known30:14as a gold bag I've never been a fanatic30:17about gold or or even for that matter30:19silver is a very firm believer in cycles30:23this is a cyclical business Rin in the30:26commodity business gold is no exception30:28just like copper a...Read More
TSX VENTURE: MLwww.millenniallithium.com Mr. Farhad Abasov reports:US$ 824 million after-tax NPV at 8% discount rate and IRR of 23.4% for 25,000 TPY production of lithium carbonate.CAPEX estimate of Total Costs of US$410 million for 25,000 TPY production;OPEX of US $3,218/tonne of lithium carbonate over the life of the mine.Operation based on proven solar evaporation technology and conventional li...Read More
TSX: BARwww.balmoralresources.com Mr. Darin Wagner reports:VANCOUVER, British Columbia, Jan. 31, 2018 (GLOBE NEWSWIRE) -- Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX:BAR) (OTCQX:BALMF) is pleased to announce that it has commenced its first exploration program on the HWY 810 property in Quebec. The wholly owned HWY 810 property was acquired by Balmoral through staking in 2016/2017. T...Read More
TSX: NSUwww.nevsun.com Mr. Peter Kukielski reports:VANCOUVER, Jan. 31, 2018 /CNW/ - Nevsun Resources Ltd. (TSX:NSU) (NYSE AMERICAN:NSU) (Nevsun or the Company) today provided its outlook and guidance for 2018. Unless otherwise noted, all dollar amounts are in millions of US dollars.2018 Outlook HighlightsAchieve top quartile safety performance at all operationsInvest $50 to $60 million advancing t...Read More
TSX: IMGwww.iamgold.com Mr. Steve Letwin reports:TORONTO, Jan. 31, 2018 /CNW/ - IAMGOLD Corporation ("IAMGOLD" or the "Company") today provided results from its 2017 drilling program at the Diakha deposit on its wholly owned Siribaya project in Western Mali. In 2017, the Company completed a combined diamond and Reverse Circulation ("RC") drilling program designed to infill and increase confidence...Read More
TSX: CNLwww.continentalgold.com Mr. Leon Teicher reports:TORONTO, Jan. 31, 2018 (GLOBE NEWSWIRE) -- Continental Gold Inc. (TSX:CNL) (OTCQX:CGOOF) ("Continental" or the "Company") is pleased to announce high-grade assay results from its 2018 exploration drilling program at its 100%-owned Buritic?? project in Antioquia, Colombia. The Company is well underway with its 137,000-metre drill program for...Read More
TSX: DMLwww.denisonmines.com Mr. Lukas Lundin reports:TORONTO, ONTARIO--(Marketwired - Jan. 31, 2018) - Denison Mines Corp. ("Denison" or the "Company") (TSX:DML) (NYSE MKT:DNN) (NYSE American:DNN) is pleased to announce an 88% increase in the Indicated Mineral Resources estimated for the Wheeler River project. Denison is also pleased to announce it has increased its interest in the Wheeler River...Read More
TSX VENTURE: PGMwww.puregoldmining.ca Mr. Darin Labrenz reports:VANCOUVER, British Columbia, Jan. 31, 2018 (GLOBE NEWSWIRE) -- Pure Gold Mining Inc. (TSX-V:PGM) ("Pure Gold" or the "Company") announced today the discovery of multiple new zones of high grade gold mineralization located approximately three kilometres by road south of the Madsen milling infrastructure. This important new discovery, r...Read More
Rio Tinto (ASX, LON, NYSE: RIO), the world's second largest mining company, denied Wednesday a report released by a Dutch non-profit organization claiming it had dodged $700 million in taxes to Mongolian and Canadian authorities relating to its Oyu Tolgoi copper and gold mine.According to the Dutch Centre for Research on Multinational Corporations (SOMO), Rio and its Canadian subsidiary Turquoise...Read More
Egypt-focused gold miner Centamin (TSX:CEE) (LON:CEY) delivered good news to its shareholders on Wednesdays, announcing it would pay a final dividend of 10 US cents per share, or a total of $144 million, as it vowed to return all of its excess cash to investors.The payment, on top of 2.5 cents given at the half-year, follows an $111 million compensation to Egypt in 2017, the first year of Centami...Read More
To thrive in the mining industry's historical boom and bust cycle and capitalize on new opportunities, companies must rethink the traditional mining model. (Image: PlusONE| Shutterstock.)In the last 10 years, the mining industry has been on a roller-coaster, with commodity prices reaching both historic highs and lows, as well as operational realities shifting irrevocably in the face of a digital...Read More
http://www.engineeringnews.co.za/MARIKANA (miningweekly.com) - Platinum-group metals (PGMs) and chrome coproducer Tharisa Minerals CEO Phoevos Pouroulis on Tuesday forecast a chrome ore deficit of up to a million tonnes in the short to medium term, driven by burgeoning stainless steel demand.Chrome ore is fundamental to the manufacture of stainless steel, demand for which is growing by 3% to 5% a...Read More
WTI crude is trading for $64.31 per barrel as I write this.And it's not just my veteran readers who believe it's going to move higher in 2018. It was only a few weeks ago that I told you we could be in for another price jump... with some of my colleagues even more bullish than me.Yes, WTI is going to continue this run. Remember, prices have jumped roughly 43% since early July and over 130% since b...Read More
Stress will kill you. Most people know this intuitively. Stress weakens your immune system. Stress allows your body to be more easily controlled by pathogens.A recent study compared two sets of mice. One set had a certain stress receptor cell, and one set did not. Normal mice exposed to stress had a higher rate of disease than mice exposed to stress who lacked the stress receptor cell. This held...Read More